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a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation? b. What amount of the start-up costs and organizational

a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?

b. What amount of the start-up costs and organizational expenditures may the corporation immediately expense in year 1 (excluding the portion of the expenditures that are amortized over 180 months)?

c. What amount can the corporation deduct as amortization expense for the organizational expenditures and for the start-up costs for year 1 [not including the amount determined in part (b)]? (Do not round intermediate calculations.)

d. What would be the total allowable organizational expenditures if Nicole started a sole proprietorship instead of a corporation?

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Check my work 15 Part 14 1 points Required information The following information applies to the questions displayed below) Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started. (Leave no answer blank. Enter zero if applicable.) Expense Date Amount Attorney fees for articles of Incorporation Tebruary 10 $ 12,000 March 1-March 30 wagen March 30 4.500 March 1-March 30 rent March 30 2.000 Stock Imance corte Aprili 20,000 April 1-May 30 wages May 30 12,000 Sed who a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation? Start-up costs Organizational expenditures

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